Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!

2017 BMW X3 Lease Deals and Prices

2456723

Comments

  • chaspavchaspav Member Posts: 16
    Also forgot to ask about what rebates or incentive are out there that I should be looking for. Thanks.
  • MichaellMichaell Moderator Posts: 241,243
    chaspav said:

    Hello, Can anyone please let me know if they have the latest RV and MF for a 2017 BMW X3 xDrive28i to be leased from a dealership in NY. I would appreciate it if I could get the numbers for both 36 month / 12K per year as well as 36 month / 15K per year. Thank you in advance

    chaspav said:

    Also forgot to ask about what rebates or incentive are out there that I should be looking for. Thanks.

    .00137 and 62% (36/12) or 60% (36/15).

    no incentives

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • biagiobmwbiagiobmw Member Posts: 3
    Hi - Considering a lease for the first time ever. Don't even know what to ask for.

    The offer is on a 2017 x3 s28i MSRP $52,870
    Lease Option 36 month
    $2K down (first month, etc.)
    10K miles/yr
    Buy back at end of lease $33,308
    Payments: $599/month (tax included)

    How much can we reasonably expect to bring the total cost down by?
    Would want to add the lease protection plan? Is that negotiable? Cost?
    Not sure how to calculate a fair buy at end of lease...
    With the lesser warranty plan, should we prepare for additional costs?
    We have great credit and 10k miles/yr should be more than enough.
    We are in Southern California.

    Any insight, would be great. We have a 2013 x3 which we love but bought that outright. Looking for a second car and considering a lease.

    Thank you!
  • MichaellMichaell Moderator Posts: 241,243
    biagiobmw said:

    Hi - Considering a lease for the first time ever. Don't even know what to ask for.

    The offer is on a 2017 x3 s28i MSRP $52,870
    Lease Option 36 month
    $2K down (first month, etc.)
    10K miles/yr
    Buy back at end of lease $33,308
    Payments: $599/month (tax included)

    How much can we reasonably expect to bring the total cost down by?
    Would want to add the lease protection plan? Is that negotiable? Cost?
    Not sure how to calculate a fair buy at end of lease...
    With the lesser warranty plan, should we prepare for additional costs?
    We have great credit and 10k miles/yr should be more than enough.
    We are in Southern California.

    Any insight, would be great. We have a 2013 x3 which we love but bought that outright. Looking for a second car and considering a lease.

    Thank you!

    .00137 and 63% for 36/10.

    For BMW, figure a discount of 6-7% from sticker.
    Lease protection plan is a good deal .... for the dealer. Pass.
    Residual value is set by the bank and is not negotiable.
    If you take good care of your cars, you shouldn't have any extra end of lease charges.

    There is also a $925 acquisition fee charged for leases.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • biagiobmwbiagiobmw Member Posts: 3
    Pardon the ignorance, what does ".00137 and 63% for 36/10" mean?  Thanks!
  • kyfdxkyfdx Moderator Posts: 237,068
    biagiobmw said:

    Pardon the ignorance, what does ".00137 and 63% for 36/10" mean?  Thanks!

    .00137 is the money factor. That number is used to calculate the finance portion of the lease
    63% is the residual percentage. You multiply that by the MSRP to calculate the residual amount.
    36/10 is 36 months, 10K mi./yr.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • biagiobmwbiagiobmw Member Posts: 3
    Thank you!
  • sectionbeesectionbee Member Posts: 9
    Michaell said:

    For BMW, figure a discount of 6-7% from sticker.

    Does that mean basically at invoice or under?

    On a lightly optioned 35i (M, Tech, Metallic Paint, Destination) MSRP is $54,645.00 and invoice is $51,330.00. So 6% off MSRP is $36 over invoice and 7% off MSRP is $510 under invoice. Is my math right?
  • MichaellMichaell Moderator Posts: 241,243

    Michaell said:

    For BMW, figure a discount of 6-7% from sticker.

    Does that mean basically at invoice or under?

    On a lightly optioned 35i (M, Tech, Metallic Paint, Destination) MSRP is $54,645.00 and invoice is $51,330.00. So 6% off MSRP is $36 over invoice and 7% off MSRP is $510 under invoice. Is my math right?
    We don't track invoice prices - use the "make / model / year" pull downs at the top of the page to link to the price tools.

    Your math is correct.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • zoombie99zoombie99 Member Posts: 320
    BMW just increased prices on any builds after July 31st. $300 MSRP increase and $150.00 increase for metallic paint.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • gotigers1gotigers1 Member Posts: 20
    Hello, would you kindly be able to provide 36 and 39mth mf and residual for 15k miles? Also, does the BMW loyalty rebate apply to the x3? Reading their website it would seem it doesn't...thank you for the help in advance.
  • MichaellMichaell Moderator Posts: 241,243
    gotigers1 said:

    Hello, would you kindly be able to provide 36 and 39mth mf and residual for 15k miles? Also, does the BMW loyalty rebate apply to the x3? Reading their website it would seem it doesn't...thank you for the help in advance.

    .00137 and 60% for 36/15. No 39 month program from BMW.

    No information on incentives.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • zoombie99zoombie99 Member Posts: 320
    zoombie99 said:

    I hear that BMW is going to announce a $1,000 lease credit on the 2017 X3. I should know more later.

    I just found out some more info. Dealers in the northeast region are getting an additional $1,000.00 incentive which is not published.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • zoombie99zoombie99 Member Posts: 320
    zoombie99 said:

    zoombie99 said:

    I hear that BMW is going to announce a $1,000 lease credit on the 2017 X3. I should know more later.

    I just found out some more info. Dealers in the northeast region are getting an additional $1,000.00 incentive which is not published.
    Actually the news is getting better, NE dealers are now getting $1,500 "trunk money" on 2017 X3s
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • lynalucardlynalucard Member Posts: 12
    zoombie99 said:

    zoombie99 said:

    zoombie99 said:

    I hear that BMW is going to announce a $1,000 lease credit on the 2017 X3. I should know more later.

    I just found out some more info. Dealers in the northeast region are getting an additional $1,000.00 incentive which is not published.
    Actually the news is getting better, NE dealers are now getting $1,500 "trunk money" on 2017 X3s
    I have already place my custom build order in July but the vehicle still hasn't been delivered. Can I still call the dealer to lower my price? I only paid $500 deposit.
  • zoombie99zoombie99 Member Posts: 320

    zoombie99 said:

    zoombie99 said:

    zoombie99 said:

    I hear that BMW is going to announce a $1,000 lease credit on the 2017 X3. I should know more later.

    I just found out some more info. Dealers in the northeast region are getting an additional $1,000.00 incentive which is not published.
    Actually the news is getting better, NE dealers are now getting $1,500 "trunk money" on 2017 X3s
    I have already place my custom build order in July but the vehicle still hasn't been delivered. Can I still call the dealer to lower my price? I only paid $500 deposit.

    I'll send you a message
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • zoombie99zoombie99 Member Posts: 320
    Doubt it, you are probably priority 1. If you could re-order, you would be subject to the price increase this month.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • zoombie99zoombie99 Member Posts: 320
    I sent you a message.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • wco81wco81 Member Posts: 590
    subscribing.
  • dhyrx123dhyrx123 Member Posts: 2
    edited August 2016
    Can you help me take a look at this offer? I don't think it's a good one, but I want to know how much more discount I can get. It's a 2017 x3 xDr28i with almost all packages...

    Everything below excludes tax:

    MSRP: $58,470
    Selling price: $54,498 (which already included $1k rebate from my company)
    MF: 0.00157 (given my short credit history, it's acceptable)
    RV: 63%
    4k down
    36/10k
    $1.5k leasing offer from bmw
    $542/month + tax

    I mean selling price is less than 7% off MSRP, while another dealer offered $1k off invoice plus $1k corp fleet plus $1.5k leasing credit (which seems too good to be true...)...

    Any ideas?
  • kyfdxkyfdx Moderator Posts: 237,068
    dhyrx123 said:

    Can you help me take a look at this offer? I don't think it's a good one, but I want to know how much more discount I can get. It's a 2017 x3 xDr28i with almost all packages...

    Everything below excludes tax:

    MSRP: $58,470
    Selling price: $54,498 (which already included $1k rebate from my company)
    MF: 0.00157 (given my short credit history, it's acceptable)
    RV: 63%
    4k down
    36/10k
    $1.5k leasing offer from bmw
    $542/month + tax

    I mean selling price is less than 7% off MSRP, while another dealer offered $1k off invoice plus $1k corp fleet plus $1.5k leasing credit (which seems too good to be true...)...

    Any ideas?

    The money factor markup has nothing to do with your credit. The base rate is .00137. If you had credit issues, the rate would be much, much higher.

    If the other dealer is offering less, why stick with this one?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dhyrx123dhyrx123 Member Posts: 2
    kyfdx said:
    Can you help me take a look at this offer? I don't think it's a good one, but I want to know how much more discount I can get. It's a 2017 x3 xDr28i with almost all packages... Everything below excludes tax: MSRP: $58,470 Selling price: $54,498 (which already included $1k rebate from my company) MF: 0.00157 (given my short credit history, it's acceptable) RV: 63% 4k down 36/10k $1.5k leasing offer from bmw $542/month + tax I mean selling price is less than 7% off MSRP, while another dealer offered $1k off invoice plus $1k corp fleet plus $1.5k leasing credit (which seems too good to be true...)... Any ideas?
    The money factor markup has nothing to do with your credit. The base rate is .00137. If you had credit issues, the rate would be much, much higher. If the other dealer is offering less, why stick with this one?
    Thanks! I don't have credit issue, but the dealer told me that I wasn't approved for 'super elite rate', am I getting fooled?? While other dealers don't have the exact vehicle I want and will take much longer to get the vehicle
  • kyfdxkyfdx Moderator Posts: 237,068
    dhyrx123 said:


    kyfdx said:

    dhyrx123 said:

    Can you help me take a look at this offer? I don't think it's a good one, but I want to know how much more discount I can get. It's a 2017 x3 xDr28i with almost all packages...

    Everything below excludes tax:

    MSRP: $58,470
    Selling price: $54,498 (which already included $1k rebate from my company)
    MF: 0.00157 (given my short credit history, it's acceptable)
    RV: 63%
    4k down
    36/10k
    $1.5k leasing offer from bmw
    $542/month + tax

    I mean selling price is less than 7% off MSRP, while another dealer offered $1k off invoice plus $1k corp fleet plus $1.5k leasing credit (which seems too good to be true...)...

    Any ideas?

    The money factor markup has nothing to do with your credit. The base rate is .00137. If you had credit issues, the rate would be much, much higher.

    If the other dealer is offering less, why stick with this one?

    Thanks! I don't have credit issue, but the dealer told me that I wasn't approved for 'super elite rate', am I getting fooled?? While other dealers don't have the exact vehicle I want and will take much longer to get the vehicle

    The top tier goes all the way down to a credit score of 675.

    If you are 640-674, then the bump is actually .00020, so they may be telling the truth.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • lynalucardlynalucard Member Posts: 12
    I confirm that everyone gets $1500 rebate for X3 from BMW in Aug. Try to get at least 8-9% off MSRP
  • lynalucardlynalucard Member Posts: 12
    dhyrx123 said:

    Can you help me take a look at this offer? I don't think it's a good one, but I want to know how much more discount I can get. It's a 2017 x3 xDr28i with almost all packages...

    Everything below excludes tax:

    MSRP: $58,470
    Selling price: $54,498 (which already included $1k rebate from my company)
    MF: 0.00157 (given my short credit history, it's acceptable)
    RV: 63%
    4k down
    36/10k
    $1.5k leasing offer from bmw
    $542/month + tax

    I mean selling price is less than 7% off MSRP, while another dealer offered $1k off invoice plus $1k corp fleet plus $1.5k leasing credit (which seems too good to be true...)...

    Any ideas?

    $542 should include tax right? Put MSDs instead of down payment to reduce money factor.
  • noob2016noob2016 Member Posts: 4
    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

  • MichaellMichaell Moderator Posts: 241,243
    noob2016 said:

    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

    I get the same payment with those numbers. Only way to improve it is to get a better selling price, though 7-8% seems fair for a 2017.

    I've never leased a BMW, so can't really opine on the value of the lease protection and maintenance package - my co-host, @kyfdx, is much more familiar with BMWs. Hopefully he'll pop in and give you his .02 later today.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • wco81wco81 Member Posts: 590
    edited August 2016
    X3 is going to be an updated model for the 2018 model year I believe.

    Maybe the people will prefer the change or maybe they won't.

    In either case, you'd think they'd make the lease terms more attractive for an outgoing model?
  • MichaellMichaell Moderator Posts: 241,243
    wco81 said:

    X3 is going to be an updated model for the 2018 model year I believe.

    Maybe the people will prefer the change or maybe they won't.

    In either case, you'd think they'd make the lease terms more attractive for an outgoing model?

    As we get closer to the release date, it's possible they will.

    But, 2017's are just hitting the lots; when is the 2018 due to be released?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Moderator Posts: 237,068
    noob2016 said:

    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

    That is a lot of extra money.

    I definitely wouldn't buy lease protection. What if you need tires at 36K miles? Do you drive on bald tires for 7 months, because they will be free at lease end?

    Brakes all the way around would definitely be around $1500 or so at the dealer. But, our X3 didn't need front brakes until 55K miles.

    Keep your $3000 in the bank, and use it as needed. You might come out behind, but you might not. And, you'll spend the money, if needed. Not prepay for something that might not be needed, then hoping you need it, so you won't come out behind. Geez.. I really hope I need brakes, because I already paid $1650 extra for them.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • noob2016noob2016 Member Posts: 4
    kyfdx said:

    noob2016 said:

    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

    That is a lot of extra money.

    I definitely wouldn't buy lease protection. What if you need tires at 36K miles? Do you drive on bald tires for 7 months, because they will be free at lease end?

    Brakes all the way around would definitely be around $1500 or so at the dealer. But, our X3 didn't need front brakes until 55K miles.

    Keep your $3000 in the bank, and use it as needed. You might come out behind, but you might not. And, you'll spend the money, if needed. Not prepay for something that might not be needed, then hoping you need it, so you won't come out behind. Geez.. I really hope I need brakes, because I already paid $1650 extra for them.
    Thank you kyfdx. What you say makes sense. I will skip both those options.
  • noob2016noob2016 Member Posts: 4
    Michaell said:

    noob2016 said:

    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

    I get the same payment with those numbers. Only way to improve it is to get a better selling price, though 7-8% seems fair for a 2017.

    I've never leased a BMW, so can't really opine on the value of the lease protection and maintenance package - my co-host, @kyfdx, is much more familiar with BMWs. Hopefully he'll pop in and give you his .02 later today.
    Thank you, Michaell. Does it mean that there is absolutely no room for negotiation on the MF?

    As for your comment on the selling price, what % off of selling price would you consider a good/solid deal for a 2017 model?


  • MichaellMichaell Moderator Posts: 241,243
    noob2016 said:

    Michaell said:

    noob2016 said:

    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

    I get the same payment with those numbers. Only way to improve it is to get a better selling price, though 7-8% seems fair for a 2017.

    I've never leased a BMW, so can't really opine on the value of the lease protection and maintenance package - my co-host, @kyfdx, is much more familiar with BMWs. Hopefully he'll pop in and give you his .02 later today.
    Thank you, Michaell. Does it mean that there is absolutely no room for negotiation on the MF?

    As for your comment on the selling price, what % off of selling price would you consider a good/solid deal for a 2017 model?
    The MF we quote is for top tier credit.

    You can use multiple security deposits to 'buy down' the MF.

    As previously noted, 7% off a 2017 is a pretty decent discount.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • noob2016noob2016 Member Posts: 4
    Michaell said:

    noob2016 said:

    Michaell said:

    noob2016 said:

    Hi - I am a potential first time BMW lessee, if I get a good deal. I am looking for 2017 X3 build that dealers in my area (Northern California, Bay area) don't have. So, they will have to order it. Here are the numbers quoted to me by one dealer:

    2017 X3 Build price (include destination)- $53020
    selling price - $49394 (supposedly this is after factoring in $1000 fleet discount due to the company I work for)
    Cap reduction (lease credit) - $1500
    lease duration - 36 months/15K per year
    residual - 60% - $31812
    MF - 0.00068 (after factoring in the fleet discount and 7 MSDs)
    Downpayment - Nil
    Drive off - $2,185 (first payment $545, acquisition $995, other fees $645)

    Monthly lease (including taxes 8.75%) - $545

    Do you think this is a good deal?

    One more question. Since this lease is for 45000 miles does it make sense to buy:
    a) Lease protection - $1095 (reason I am considering this is because tires will surely need to be paid for at lease turn in after 45000 miles. So this amount will likely pay for itself.

    b) Ultimate maintenance package to increase to 50000 miles maintenance including brakes - $1650 (Reason I am considering this - I will definitely need to change brakes during 45000 miles. The dealer said changing all brakes will cost about ~1600. So this also may pay for itself.

    If the above two additional options make sense, I will get them rolled into my lease which will take the amount from $545 to $630 per month (including taxes). Worth it?

    Thanks much in advance for your responses.

    I get the same payment with those numbers. Only way to improve it is to get a better selling price, though 7-8% seems fair for a 2017.

    I've never leased a BMW, so can't really opine on the value of the lease protection and maintenance package - my co-host, @kyfdx, is much more familiar with BMWs. Hopefully he'll pop in and give you his .02 later today.
    Thank you, Michaell. Does it mean that there is absolutely no room for negotiation on the MF?

    As for your comment on the selling price, what % off of selling price would you consider a good/solid deal for a 2017 model?
    The MF we quote is for top tier credit.

    You can use multiple security deposits to 'buy down' the MF.

    As previously noted, 7% off a 2017 is a pretty decent discount.
    Thanks. My above calculation already includes the impact of 7MSDs. I guess I will see what best can they do on pricing. Thanks again for your response.
  • gscottyggscottyg Member Posts: 40
    MF and residual for X3 35i 36mon/12k both 2016 and 2017.
  • MichaellMichaell Moderator Posts: 241,243
    gscottyg said:

    MF and residual for X3 35i 36mon/12k both 2016 and 2017.

    .00137 and 62% (2017) or 65% (2016)

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • gscottyggscottyg Member Posts: 40
    Good through labor day?
  • kyfdxkyfdx Moderator Posts: 237,068
    gscottyg said:

    Good through labor day?

    Just through August 31st.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • pray4allpray4all Member Posts: 15
    Any update on Sept. MF and residual for X3 x28i 36mon/10k both 2016 and 2017?
    Thanks
  • abhaytabhayt Member Posts: 13
    What is the Sept MF and residual for X3 x28i 36/ 12000 miles for NJ ? Are there any incentives ?
  • sectionbeesectionbee Member Posts: 9
    I'm looking for Sept MF and residual for X3 x35i 36/12000. Thanks
  • kyfdxkyfdx Moderator Posts: 237,068
    Sorry, haven't seen the September programs, though we think the August programs have been extended through the weekend.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kar_freakkar_freak Member Posts: 148
    Hi! Any update on September rates? Looking for X3 s28i 36/15 in TX. Any incentives?
  • MichaellMichaell Moderator Posts: 241,243
    kar_freak said:

    Hi! Any update on September rates? Looking for X3 s28i 36/15 in TX. Any incentives?

    Sorry, haven't seen the September programs, though we think the August programs have been extended through the weekend

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • luke__sluke__s Member Posts: 4
    I got a quote for 2017 X3 x28i in SF Bay area, last week of August.
    36m/12k
    MSRP - $49095
    Dealer discount - $2500, Lease credit - $1500, Corp discount - $1000
    Sale price - $44095
    Base MF - 0.00137, Residual - 62%
    For 7 x MSD option: Cash due $6099
    Monthly payment (incl. tax, fees etc.) - $436
    Dealer says I will receive ~$2500 from MSD at the end of lease

    Is this considered a decent deal to go for?
    Thanks!
  • MichaellMichaell Moderator Posts: 241,243
    luke__s said:

    I got a quote for 2017 X3 x28i in SF Bay area, last week of August.
    36m/12k
    MSRP - $49095
    Dealer discount - $2500, Lease credit - $1500, Corp discount - $1000
    Sale price - $44095
    Base MF - 0.00137, Residual - 62%
    For 7 x MSD option: Cash due $6099
    Monthly payment (incl. tax, fees etc.) - $436
    Dealer says I will receive ~$2500 from MSD at the end of lease

    Is this considered a decent deal to go for?
    Thanks!

    Each MSD is $450, so you should get $3150 returned to you.

    What does the other $3k at signing cover?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • luke__sluke__s Member Posts: 4
    Dealer said this is a "preliminary" quote but the payment will not be more than this, will get an exact breakdown at the time of delivery.

    The $3k should at least cover the lease acquisition fee $925, DMV $360, slew of fees about $250, 1st month payment.
  • hellothere3hellothere3 Member Posts: 10
    Can we have the September MF, residuals and incentives please? thank you!
  • MichaellMichaell Moderator Posts: 241,243
    edited September 2016

    Can we have the September MF, residuals and incentives please? thank you!

    .00136 and 61% for 36/15

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hellothere3hellothere3 Member Posts: 10
    thank you. residuals for 36/10K?
Sign In or Register to comment.